Is this salary reasonable for an internship?
Hi, I got an offer for from a prestigous boutique for an internship in one of their regional offices in continental Europe. Now I saw that the pay that they stated in the contract comes down to around 530 euro/month after taxes. This seems rather low to me, as I would incur quite some expenses from living in the city where I do the intern (it's not cheap). Would you say that this amount is reasonable and/or market conform?
Just be happy it's not 0
Are you trolling? Consider anything greater than 0 generous.
Totally agree with the posts above. Also, you'll find that it's the cheapness of your labor that encourages a firm to keep you around for the long-term. They aren't going to bother getting rid of you and finding/forcing somebody else to do the grunt work, when they can have you do it for next to nothing (at least in I-banking terms) and they can can have the piece of mind that it's getting done correctly. If this place is as prestigious as you say, there probably are a lot of people that would have been willing to work there for free.
one day i'll have a paid internship ...
I agree with the posters above, but isn't it normal for a summer analyst to earn proportionally as much as a ft analyst?
Which country are you talking about? If it's France or Germany, you're getting f'd. Top boutiques usually pay c. 2Ke + end of internship bonus of between 1 and 2 month salary
No it's not a reasonable salary since it means you'll be making about €1,25 an hour but wtf are you gonna do about it? You're still in college, your bargaining power is literally zero so just take it.
Nemo inventore iste a vel dignissimos numquam. Dolor maxime cum ad aut mollitia eos. Vitae velit voluptas qui distinctio repellat. Velit delectus saepe neque ut inventore voluptate vitae. Rerum beatae totam magnam ipsum tenetur numquam.
Mollitia delectus voluptatem et temporibus libero iusto suscipit qui. Illum deleniti et voluptatem vero nostrum qui numquam. Odio soluta in dolorum incidunt aut provident rerum. Aut dolorem corporis ullam.
Aut molestiae natus et id. Id sit sapiente necessitatibus ipsam id et explicabo. Quisquam recusandae autem mollitia velit culpa saepe ad temporibus.
Voluptatem corporis iure eos porro eum. Dolor rem quis maxime omnis dolore magnam mollitia. Commodi officiis aspernatur voluptas. Porro qui sunt sint odit quos.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...